Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ments The average amount of money that people spend at Don Mcalds fast food place is $7.0400 with a standard deviation of $1.6500. 9 customers

image text in transcribed
ments The average amount of money that people spend at Don Mcalds fast food place is $7.0400 with a standard deviation of $1.6500. 9 customers are randomly selected. Please answer the following questions, and round all answers to 4 decimal places where possible and assume a normal distribution. a. What is the distribution of X? X ~ N b. What is the distribution of ? I ~ N c. What is the distribution of x? Ex - Nd d. What is the probability that one randomly selected customer will spend more than $6.3150? e. For the 9 customers, find the probability that their average spent is less than $6.3150. f. Find the probability that the randomly selected 9 customers will spend less than $56.8350. g. For part e) and f), is the assumption of normal necessary? O YesO No h. The owner of Don Mcalds gives a coupon for a free sundae to the 3% of all groups of 9 people who spend the most money. At least how much must a group of 9 spend in total to get the free sundae? $

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Continuous Nowhere Differentiable Functions The Monsters Of Analysis

Authors: Marek Jarnicki, Peter Pflug

1st Edition

3319126709, 9783319126708

More Books

Students also viewed these Mathematics questions

Question

What are the assumptions of the test based on the ????-ratio?

Answered: 1 week ago

Question

What has been your desire for leadership in CVS Health?

Answered: 1 week ago

Question

Question 5) Let n = N and Y Answered: 1 week ago

Answered: 1 week ago

Question

What is the purpose of the EEOC?

Answered: 1 week ago